Go back up the dollar blue. Given the imminent changes in the Executive and Legislative branches – Cecilia Moreau enters as leader of the Deputies and Sergio Massa leaves to take over as minister – the markets are tense and await the new package of economic measures.
But not only that: the economic measures are expected to be forceful and consistent with the political weight of Sergio Masa, who will take office as the future Minister of Economy, Productive Development and Agriculture, Livestock and Fisheries today at 5:00 p.m. From then on, the foreign exchange market, specifically the dollarwill move according to the expert opinion of the markets.
Source: (The Nation)
Again, the dollar It is close to 300 pesos and the exchange rate gap stands at 125% after having reached 160% on July 22, a historical maximum that has not been touched since the 1980s.
Bank of America-Merrill Lynch issued a report written by Sebastián Rondeau, which explains what is happening: “Massa is expected to concentrate much more power in the economic area for various reasons. In the first place, it will be able to centralize economic decisions, since the Ministry of Economy will absorb other ministries, including the Ministry of Agriculture and Productive Development”.
Source: (Open Channel)
The official value of the official dollar is located at 133.33 pesos for the purchase and 139.33 for the sale. While waiting for the measures proposed by Sergio Massa, the blue price is -at 2:23 p.m. today- 292 for the purchase and 297 for the sale, 16 pesos more than on Monday. The stock dollar remains at 279.17 and 279.72 pesos.
As for the solidarity dollar (which has taxes beyond the value), it is at 228.94. The CCL (Cash Dollar with Settlement, corresponding to the purchase of a bond in pesos, AL30, or in dollars, to sell it in kind C, AL30C) was 279.25 and 285.98. The gap between the north currency and the national continues oscillating: it remained at 125%.